Signaturefd LLC Raises Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Signaturefd LLC grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,490 shares of the company’s stock after purchasing an additional 98 shares during the quarter. Signaturefd LLC’s holdings in CrowdStrike were worth $1,536,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in CRWD. OneDigital Investment Advisors LLC raised its position in shares of CrowdStrike by 26.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 4,188 shares of the company’s stock worth $1,175,000 after acquiring an additional 881 shares in the last quarter. Natixis Advisors LLC raised its position in shares of CrowdStrike by 12.4% in the 3rd quarter. Natixis Advisors LLC now owns 39,798 shares of the company’s stock worth $11,162,000 after acquiring an additional 4,382 shares in the last quarter. Claro Advisors LLC raised its position in shares of CrowdStrike by 35.7% in the 3rd quarter. Claro Advisors LLC now owns 1,613 shares of the company’s stock worth $452,000 after acquiring an additional 424 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of CrowdStrike by 120.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 89,282 shares of the company’s stock worth $25,041,000 after acquiring an additional 48,808 shares in the last quarter. Finally, Swiss National Bank raised its position in shares of CrowdStrike by 0.9% in the 3rd quarter. Swiss National Bank now owns 685,300 shares of the company’s stock worth $192,206,000 after acquiring an additional 6,100 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other CrowdStrike news, CEO George Kurtz sold 18,071 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $359.70, for a total transaction of $6,500,138.70. Following the transaction, the chief executive officer now owns 2,159,935 shares in the company, valued at approximately $776,928,619.50. This represents a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the transaction, the insider now directly owns 89,714 shares of the company’s stock, valued at $31,669,042. The trade was a 4.78 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 100,315 shares of company stock worth $38,319,124. 4.34% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several recent research reports. Truist Financial boosted their price target on CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. UBS Group reduced their target price on CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a research report on Wednesday, March 5th. Robert W. Baird reduced their target price on CrowdStrike from $440.00 to $405.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 5th. Piper Sandler set a $347.00 target price on CrowdStrike in a research report on Wednesday, March 5th. Finally, Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $398.78.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $364.83 on Tuesday. The company has a market capitalization of $89.86 billion, a P/E ratio of 715.37, a P/E/G ratio of 17.86 and a beta of 1.19. The business’s 50 day moving average is $385.67 and its two-hundred day moving average is $342.51. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59.

About CrowdStrike

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.